Anthem Blue Cross and Blue Shield of Ohio stated that it has agreed to purchase the contract held by Paramount Advantage, which now covers 256,000 Medicaid members in Ohio. Anthem was recently awarded a statewide contract to serve Medicaid beneficiaries across all populations as a new entrant to the program, and the transaction is expected to close before the anticipated July 1, 2022, implementation date of Ohio’s new Medicaid managed care program, in which Anthem was recently awarded a statewide contract to serve Medicaid beneficiaries across all populations as a new entrant to the program.
Source: Business Wire